The year-end adjusted trial balance included the following account balances: Cash,$5,000; Equipment,$25,000; Accounts payable,$7,000; Common stock,$15,000; Retained earnings,$6,000; Dividends,$1,000; Service revenue,$18,000; Salaries expense,$9,000; and Utilities expense,$6,000.Prepare the post-closing trial balance.

Question

The year-end adjusted trial balance included the following account balances: Cash,$5,000; Equipment,$25,000; Accounts payable,$7,000; Common stock,$15,000; Retained earnings,$6,000; Dividends,$1,000; Service revenue,$18,000; Salaries expense,$9,000; and Utilities expense,$6,000.Prepare the post-closing trial balance.
The year-end adjusted trial balance included the following account balances: Cash,$5,000; Equipment,$25,000; Accounts payable,$7,000; Common stock,$15,000; Retained earnings,$6,000; Dividends,$1,000; Service revenue,$18,000; Salaries expense,$9,000; and Utilities expense,$6,000.Prepare the post-closing trial balance.

Quizplus · Accepted Answer

The Answer of The year-end adjusted trial balance included the following account balances: Cash,$5,000; Equipment,$25,000; Accounts payable,$7,000; Common stock,$15,000; Retained earnings,$6,000; Dividends,$1,000; Service revenue,$18,000; Salaries expense,$9,000; and Utilities expense,$6,000.Prepare the post-closing trial balance.

The Year-End Adjusted Trial Balance Included the Following Account Balances